With the Union government mulling prospects of retrieving the cash-crunched Jet Airways, Etihad Airways has expressed its willingness to resolve the debt-ridden airliner's imbroglio but lenders have asked it to find an Indian partner first.

New Delhi, July 11: With the Union government mulling prospects of retrieving the cash-crunched Jet Airways, Etihad Airways on Thursday has expressed its willingness to resolve the debt-ridden airliner's imbroglio. The international airliner had reportedly sent a communication to the lenders stating that it wants to be part of the revival of the company.

As per the details available, the lenders, led by State Bank of India (SBI), decided to initiate bankruptcy proceedings against the airline under National Company Law Tribunal (NCLT) after all attempts to rope in a buyer failed. Later in June, Union Civil Aviation Minister Hardeep Puri said in parliament that Union Civil Aviation Minister Hardeep Puri.

It is to be known that Jet Airways grounded all its flights on April 17 after attempts of all revival failed. Subsequently, the government re-allocated its slots and foreign traffic rights to rival carriers.